Irish Life Setanta Multi-Asset Active 3
Managed Defensive (<35% Equity)
This fund can invest in a wide range of assets such as bonds, shares, property, alternatives and cash. While Setanta will actively manage this fund on an ongoing basis and may change the asset mix regularly, the fund will usually have a mix of lower risk assets such as bonds and cash and higher risk assets such as shares and property. The fund may use derivatives to achieve its investment objective, manage risk or manage the fund more efficiently.
To achieve a positive total return within the defined risk parameters of the fund.
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114.00
EUR
+17.23 (+17.80%) past 3 year
as of 19 May 2026Fund insights
Detailed information extracted from the fund factsheet.
Non euro currency exposures may be fully or partly hedged back to euro to reduce foreign currency risk.
The fund may use derivatives to achieve its investment objective, manage risk or manage the fund more efficiently.
The assets in this fund may be used for the purposes of securities lending in order to earn an additional return for the fund. While securities lending increases the level of risk within the fund it also provides an opportunity to increase the investment return.
ESG & sustainability
In line with the overall fund objective, the fund targets investment in strategies which help contribute to achieving its sustainability goals. This includes selecting strategies which exclude or reduce exposure to companies with poorer sustainability characteristics and increasing exposure to companies with better sustainability characteristics. The Setanta Global Equity approach monitors exposure to tobacco, coal and weapons, and also companies in violation of the UN Global Compact, with the expectation that the product has lower exposure than the benchmark. Sustainability characteristics are also considered in the selection of property funds. Setanta adheres to the principle of active ownership by way of engagement with investee companies and exercising the right to vote on issues submitted to shareholder vote. The fund manager engages frequently with the companies invested in and this engagement will cover ESG topics where appropriate. The fundamental bottom up investing process, with its focus on high quality companies with attractive risk/reward trade-off, typically reduces exposure to companies with heightened ESG risks. The proxy voting policy is to vote for the securities of companies for which proxy-voting authority exists in a manner most consistent with the long-term economic interest of fund investors.
The fund targets investment in strategies which help contribute to achieving its sustainability goals. This includes selecting strategies which exclude or reduce exposure to companies with poorer sustainability characteristics and increasing exposure to companies with better sustainability characteristics.
Frequently asked questions
Common questions about Irish Life Setanta Multi-Asset Active 3.
Setanta Active Multi-Asset 3 invests across a broad mix of asset classes, including bonds, shares, property, alternatives and cash. It is actively managed and may change the mix regularly, but it will usually hold a blend of lower-risk assets such as bonds and cash alongside higher-risk assets such as shares and property. The fund is global in scope, so it can invest across different regions rather than focusing on one market.
Setanta Active Multi-Asset 3 aims to achieve a positive total return within its defined risk parameters. Setanta Asset Management manages the portfolio actively on an ongoing basis and adjusts the asset mix as conditions change. The fund may also use derivatives to help reach its objective, manage risk or run the fund more efficiently. Derivatives are financial contracts whose value is linked to another asset, and they can increase both flexibility and risk.
Setanta Active Multi-Asset 3 is managed with sustainability considerations in mind and targets investment strategies that help contribute to its sustainability goals. It screens out or reduces exposure to companies with poorer sustainability characteristics and increases exposure to companies with better ones. The fund specifically monitors exposure to tobacco, coal and weapons, and also companies in breach of the UN Global Compact. It also uses engagement and proxy voting as part of active ownership, which means the manager tries to influence company behaviour and votes on shareholder issues.
Setanta Active Multi-Asset 3 carries mixed-asset market risk because it invests in both lower-risk and higher-risk asset classes, so its value can rise and fall as markets move. It also has foreign currency exposure, although non-euro exposures may be fully or partly hedged back to euro to reduce currency risk; currency risk means exchange-rate changes can affect returns for a euro-based investor. The fund may also use securities lending, which can increase risk while seeking extra return. In addition, the use of derivatives can add complexity and may increase losses if markets move against the fund.
Setanta Active Multi-Asset 3 may suit investors who want a globally diversified, actively managed multi-asset fund with a mixture of growth and defensive assets. Its usual blend of equities, bonds, property and cash suggests it is designed for investors who want some upside potential but within defined risk parameters. The fund also includes sustainability screens and active ownership, which may appeal to investors who want those features in the portfolio. Investors should be comfortable with the fact that the manager can change the asset mix regularly.
Irish Life Setanta Multi-Asset Active 3
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